Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg

Electric cars

Tech /  Start-ups

Shakeout looms for China’s electric car market, as 80 per cent of start-ups predicted to go under

  • Only 20 to 30 electric vehicle makers may survive, says Beijing Electric Vehicle Co senior executive
  • There were 486 EV manufacturers in China as of March, more than triple the number two years ago

Topic |   Electric cars
Bloomberg
Bloomberg

Updated: 6:31am, 11 May, 2019

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Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
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